Resale restrictions may apply Clause Samples
The 'Resale restrictions may apply' clause limits or regulates the buyer's ability to resell the purchased goods or property. In practice, this may mean that the buyer cannot sell the item for a certain period, must obtain the seller's consent before resale, or can only resell to specific parties. This clause is commonly used to maintain control over the distribution of products, protect brand reputation, or comply with legal or contractual obligations, ultimately preventing unauthorized or undesirable transfers.
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Resale restrictions may apply. Any resale of the shares of Common Stock received upon exercising any Options will be subject to resale restrictions contained in the securities legislation applicable to the Optionee. The Optionee acknowledges and agrees that the Optionee is solely responsible (and the Company is not in any way responsible) for compliance with applicable resale restrictions.
Resale restrictions may apply. Any resale of the shares of Restricted Stock received will be subject to resale restrictions contained in the securities legislation applicable to the Participant. The Participant acknowledges and agrees that the Participant is solely responsible (and the Company is not in any way responsible) for compliance with applicable resale restrictions.
Resale restrictions may apply. Any resale of the shares of Common Stock received upon exercise of the RSUs will be subject to resale restrictions contained in the securities legislation applicable to the Participant. The Participant acknowledges and agrees that the Participant is solely responsible (and the Company is not in any way responsible) for compliance with applicable resale restrictions.